1. Jiaxing Film and Television Media Co., Ltd. was established on July 25th, 2007. Its registered place is located in Xi High-tech Zone 1 Block A of Greenland Century City 1. Its legal representative is Zeng Jia, and its business scope includes licensed business items: script planning for film and television dramas. Distribution of cartoons, feature films and movies; Artist brokerage service; (Business activities can only be carried out after the projects subject to approval according to law are approved by the relevant departments) General business projects: design, production, agency and release of domestic advertisements; Artistic modeling and artistic design; Film and television props and costume design; Wholesale leasing and sales of film and television clothing, props and equipment; Research and development of film and television production technology; Conference, exhibition and exhibition services; Corporate image planning; Personal image design; Film and television cultural information consultation; Photographic and video services; Scene layout service; Organize cultural and artistic exchange activities (excluding performances). (The above business scope is beyond the special control and licensing items stipulated by the state).

2. After Jiaxing Media disclosed that it would issue 250 million yuan of new shares to Perfect World Investment Fund, Perfect World said at noon on the 25th that its total investment in Jiaxing Media was 500 million yuan, including subscription of new shares and transfer of old shares.